Former stately home hits the market for bargain price of just ONE POUND… But guess what? There’s a catch

IF you've got one of those old £1 coins you need to get rid of before next month's deadline to spend them, this might just be the deal for you.

A former stately home in the Scottish town of Kilmarnock has gone on the market for just a quid. But there's a catch (or two).

The property has a wrecked staircase, gaping holes and wiring hanging from the ceiling, rooms crammed with rubbish and a damp problem.

Auction House has advertised the "unsafe" home for prospective buyers who might "return it to its former glory".

In desperate need of a complete overhaul, the three-storey property has a rear extension and garden grounds.

There is also a garage to the rear accessed from Seaford Street.

The site ad reads: "Priced with a guide price of £1 with no reserve this is a unique opportunity to purchase this traditional sandstone, B-listed semi-detached property situated in Kilmarnock.

"This is a unique opportunity for a builder / developer looking to return this building to its former glory so arrange a viewing now to be sure not to miss out."

It also comes with a warning over the safety of the overall building.

The ad continues: "Unsafe properties are evidently in a condition that poses a serious risk to the health or safety of occupants or visitors, or where the way the home is marketed suggests it is unsuitable for occupation in that condition.

"There is little point in a condition survey being undertaken on a home that is unfit for occupation in any case, and is being advertised as such."

Viewers may want to read the fine print as there is an addition admin fee of £2,000 as well as disbursements.

mary.mccool@the-sun.co.uk

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